Morningstar

Franklin Missouri Tax Free Income Fund Advisor Class FRMZX

Morningstar Medalist Rating
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Medalist Rating as of See Franklin Templeton Investment Hub
  • NAV / 1-Day Return $9.54  /  −0.10 %
  • Fund Size $545.7M
  • Adjusted Expense Ratio 0.590%
  • Net Expense Ratio 0.590%
  • Fee Level: Distribution Above Average
  • Share Class Type No Load
  • Morningstar Category Muni Single State Long
  • Fixed-Income Style Box (Funds) Medium/Extensive
  • Minimum Initial Investment $0
  • Investment Status Open
  • TTM Yield 4.06%
  • Average Effective Duration 7.82 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis FRMZX

Will FRMZX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FRMZX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FRMZX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of FRMZX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Franklin MO Tax Free Income Adv holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

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Portfolio Holdings FRMZX

More FRMZX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 25.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

KANSAS CITY MO INDL DEV AUTH ARPT SPL OBLIG 5%

5.18 31M
municipal

SPRINGFIELD MO PUB UTILS BRD CTFS PARTN 4%

3.03 18M
municipal

MISSOURI ST HEALTH & EDL FACS AUTH HEALTH FACS REV 5%

3.02 18M
municipal

ST LOUIS MO ARPT REV 5.5%

2.33 14M
municipal

MISSOURI ST HEALTH & EDL FACS AUTH HEALTH FACS REV 5%

2.26 14M
municipal

MISSOURI ST HEALTH & EDL FACS AUTH EDL FACS REV 5%

1.94 12M
municipal

MISSOURI ST HEALTH & EDL FACS AUTH REV 5%

1.91 12M
municipal

KANSAS CITY MO INDL DEV AUTH REV 5.5%

1.87 11M
municipal

METROPOLITAN ST LOUIS MO SWR DIST WASTEWTR SYS REV 5%

1.83 11M
municipal

MISSOURI ST HEALTH & EDL FACS AUTH HEALTH FACS REV 5%

1.64 10M
municipal

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